The Lufthansa Group, parent of Austrian Airlines, reported an operating profit of €1.3 billion for the third quarter—its strongest revenue quarter ever at €11.2 billion. Passenger-airline revenue hit €8.9 billion, with load factors climbing to 87.5 percent despite a 3 percent capacity increase. Group CEO Carsten Spohr highlighted “stable premium demand and high advance bookings for Q4”.
For Austria the numbers matter: Austrian Airlines contributed to the passenger-airline division’s €1.2 billion operating profit and benefited from improved punctuality—up ten points year-on-year—which the carrier has been using to court multinational corporate accounts in Vienna’s ICT and life-sciences sectors. Lower fuel prices and strict cost-control under the Lufthansa Airlines Turnaround Programme also filtered through to Vienna operations.
Travel managers in Austria can expect continued capacity restoration on key business routes. Group schedules indicate extra frequencies on Vienna–Frankfurt, Vienna–Zurich and Vienna–Munich from December, creating more same-day return options. Premium-cabin demand was singled out as “particularly strong”, suggesting negotiated-fare discounts could tighten as the carrier attempts to protect yields.
Advance bookings for the lucrative first-quarter congress season (pharma, fintech and defence conferences) are already ahead of 2024, according to the airline’s corporate-sales team. Mobility leads should therefore lock in allotments early and review travel-policy caps that were set when inventory was scarcer.
Outside passenger services, Austrian exporters will benefit from stronger belly-hold capacity as Lufthansa Cargo recorded a €49 million operating profit, buoyed by “solid market demand and increased volumes”. Vienna’s pharma-logistics community, which relies on time-critical temperature-controlled consignments, will see more main-deck space during the winter schedule.
For Austria the numbers matter: Austrian Airlines contributed to the passenger-airline division’s €1.2 billion operating profit and benefited from improved punctuality—up ten points year-on-year—which the carrier has been using to court multinational corporate accounts in Vienna’s ICT and life-sciences sectors. Lower fuel prices and strict cost-control under the Lufthansa Airlines Turnaround Programme also filtered through to Vienna operations.
Travel managers in Austria can expect continued capacity restoration on key business routes. Group schedules indicate extra frequencies on Vienna–Frankfurt, Vienna–Zurich and Vienna–Munich from December, creating more same-day return options. Premium-cabin demand was singled out as “particularly strong”, suggesting negotiated-fare discounts could tighten as the carrier attempts to protect yields.
Advance bookings for the lucrative first-quarter congress season (pharma, fintech and defence conferences) are already ahead of 2024, according to the airline’s corporate-sales team. Mobility leads should therefore lock in allotments early and review travel-policy caps that were set when inventory was scarcer.
Outside passenger services, Austrian exporters will benefit from stronger belly-hold capacity as Lufthansa Cargo recorded a €49 million operating profit, buoyed by “solid market demand and increased volumes”. Vienna’s pharma-logistics community, which relies on time-critical temperature-controlled consignments, will see more main-deck space during the winter schedule.
Fonte: Lufthansa Group Newsroom
